SHE:300591 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	39.51	158.48	149.11	117.89	35.91	102.57
Trading Asset Securities	-	-	-	-	-	12.35
Cash & Short-Term Investments	39.51	158.48	149.11	117.89	35.91	114.92
Cash Growth	-40.77%	6.28%	26.49%	228.31%	-68.75%	-47.94%
Accounts Receivable	229.55	161.72	351.59	318.89	248.29	406.46
Other Receivables	23.99	27.45	37.18	37.35	35.25	24.04
Receivables	253.54	189.16	388.77	356.23	283.54	430.5
Inventory	89.87	95.95	122.47	107.36	128.94	177.17
Prepaid Expenses	-	1.24	3.22	-	0.88	-
Other Current Assets	20.66	12.54	11.67	33.43	47.76	66.81
Total Current Assets	403.59	457.37	675.25	614.91	497.03	789.39
Property, Plant & Equipment	205.78	221.32	239.06	259.95	182.29	171.52
Goodwill	-	-	-	-	14.44	14.44
Other Intangible Assets	19.89	21.62	23.84	11.88	12.75	11.45
Long-Term Deferred Tax Assets	49.95	49.18	62.57	59.87	52.51	47.9
Long-Term Deferred Charges	5.45	4.61	3.28	3.82	4.22	18.93
Other Long-Term Assets	0.07	0.02	0.19	1.34	1.3	-
Total Assets	684.72	754.12	1,004	951.77	764.53	1,054
Accounts Payable	226.87	207.41	247.84	161.03	112.61	170.05
Accrued Expenses	6.61	13.65	17.25	18.68	14.4	10.91
Short-Term Debt	136.86	139.89	169.53	150.58	202.46	285.29
Current Portion of Long-Term Debt	-	-	-	-	1.5	-
Current Portion of Leases	10.04	25.77	27.13	10.38	12.3	-
Current Income Taxes Payable	1.41	0.09	0.05	-	1.21	0.29
Current Unearned Revenue	1.19	2.82	3.28	4.41	10.75	36.74
Other Current Liabilities	12.39	11.35	8.74	15.86	9.48	31.07
Total Current Liabilities	395.37	400.99	473.83	360.94	364.72	534.35
Long-Term Debt	-	-	-	-	1.52	-
Long-Term Leases	8.44	13.38	21.76	7.19	11.6	-
Long-Term Unearned Revenue	7.29	6.81	0.22	0.25	0.28	-
Long-Term Deferred Tax Liabilities	1.92	2.24	1.83	1.4	1.95	3.09
Other Long-Term Liabilities	-	-	-	5.45	-	-
Total Liabilities	413.01	423.41	497.63	375.23	380.07	537.43
Common Stock	405.67	405.67	405.67	405.67	329.72	329.72
Additional Paid-In Capital	550.71	544.91	544.91	538.78	204.33	204.33
Retained Earnings	-701.37	-635.54	-459.64	-388.09	-175.58	-44.63
Comprehensive Income & Other	-0.99	-1.18	-0.89	-0.71	0.34	0.11
Total Common Equity	254.03	313.87	490.06	555.66	358.81	489.54
Minority Interest	17.68	16.84	16.49	20.89	25.66	26.66
Shareholders' Equity	271.71	330.71	506.55	576.54	384.47	516.2
Total Liabilities & Equity	684.72	754.12	1,004	951.77	764.53	1,054
Total Debt	155.34	179.03	218.43	168.15	229.38	285.29
Net Cash (Debt)	-115.82	-20.56	-69.32	-50.26	-193.47	-170.37
Net Cash Per Share	-0.29	-0.05	-0.17	-0.13	-0.59	-0.55
Filing Date Shares Outstanding	405.67	405.67	405.67	405.67	329.72	329.72
Total Common Shares Outstanding	405.67	405.67	405.67	405.67	329.72	329.72
Working Capital	8.22	56.38	201.42	253.97	132.31	255.04
Book Value Per Share	0.63	0.77	1.21	1.37	1.09	1.48
Tangible Book Value	234.14	292.25	466.22	543.78	331.62	463.64
Tangible Book Value Per Share	0.58	0.72	1.15	1.34	1.01	1.41
Buildings	-	183.91	183.91	183.88	174.33	150.91
Machinery	-	150.84	151.05	145.72	81.31	85.1
Construction In Progress	-	0.28	-	8.51	0.36	0.91

Source: S&P Global Market Intelligence. Standard template. Financial Sources.